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Health law challenge threatens government shutdown

3 years 7 months 3 weeks ago September 30, 2013 Sep 30, 2013 Monday, September 30 2013 September 30, 2013 9:26 AM in News

WASHINGTON - A conservative challenge to the president's health care law has the government teetering on the brink of a partial shutdown.

Now it's the Senate's move on must-do legislation to keep the government open past midnight on Monday.

The Democratic-led Senate is expected to reject the latest effort from House Republicans to use the measure to undermine President Barack Obama's health care law.

Congress was closed Sunday, after a post-midnight vote in the GOP-run House to delay parts of the new health care law and repeal a tax on medical devices as the price for avoiding a shutdown.

The Senate is set to convene Monday afternoon, just hours before the shutdown deadline. Majority Democrats promise they will kill the House Republican bill.

Meanwhile, the stock market is down sharply in early trading on fears of a shutdown. Investors are focused on the growing likelihood of at least a partial shutdown of the government on Tuesday.

Even if that hurdle is cleared, there are other issues related to the budget dispute which could affect the markets. On Friday, the government releases its jobs report for September, and later this month legislators will continue to debate raising the nation's borrowing limit.

 

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